News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Euro Move Continues to Elude Traders

Euro Move Continues to Elude Traders

Jamie Saettele, CMT, Sr. Technical Strategist

Latest CFTC Release dated February 26, 2013:

Week (Data for Tuesdays)

52 week Percentile / Comment (if applicable)

US Dollar

59

Euro

84-speculators flip to net short

British Pound

0-COT index is lowest since January 2012

Australian Dollar

20

Japanese Yen

25

Canadian Dollar

0-speculators flip to net short and COT index is lowest since January 2012

Swiss Franc

59-speculators flip to net short

Gold

10

Silver

41

Copper

55

Crude

75

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A light red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Crosses above and below 0 are in bold. Non commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.

Charts

Non Commercials (speculators) – Red

Commercials – Blue

Small Speculators – White

COTDiff (COT Index) – White

US Dollar

Euro_Move_Continues_to_Elude_Traders_body_usd.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Euro

Euro_Move_Continues_to_Elude_Traders_body_eur.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

British Pound

Euro_Move_Continues_to_Elude_Traders_body_GBP.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Australian Dollar

Euro_Move_Continues_to_Elude_Traders_body_AUD.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Japanese Yen

Euro_Move_Continues_to_Elude_Traders_body_JPY.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Canadian Dollar

Euro_Move_Continues_to_Elude_Traders_body_cad.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Swiss Franc

Euro_Move_Continues_to_Elude_Traders_body_chf.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Gold

Euro_Move_Continues_to_Elude_Traders_body_gold.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Silver

Euro_Move_Continues_to_Elude_Traders_body_silver.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Copper

Euro_Move_Continues_to_Elude_Traders_body_copper.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

Crude

Euro_Move_Continues_to_Elude_Traders_body_crude.png, Euro Move Continues to Elude Traders

Chart prepared by Jamie Saettele, CMT

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter for real time updates @JamieSaettele

Subscribe to Jamie Saettele's distribution list in order to receive actionable FX trading strategy delivered to your inbox.

Jamie is the author of Sentiment in the Forex Market.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES